Purchase Order Finance
As an entrepreneur, securing a large Purchase Order with a Government or Corporate client – often means pain & anxiety.
Your suppliers require payment in advance and you run risk the risk of your PO being cancelled, unless they can bridge that cashflow gap.
We’re able to provide once-off or revolving Purchase Order Finance [or Bridging Finance] for your current & future Government and Corporate Sector POs. Loan amounts range from R1 Million to R25 Million.
How it works …
Eligible Purchase Orders:
Loan amounts from R1M up to R25M
requires a solid purchase order directly from an end-client/end-buyer (Government or Corporate) – the PO cannot be from another intermediary
financing specially to acquire product/supplies/equipment from local or international suppliers
our approach is to base the credit approval on the validity of your confirmed purchase order – and not just your financial standing or your collateral [though these are still important factors in the credit decision].
Tips – on being cautious …
- guard against dodgy/fraudster suppliers
- don’t be blinded by your anxiety to do the deal, and don’t drop your guard
- be aware of your inexperience and lack of knowledge in this new opportunity – be diligent and open to advice
- Spartan has implemented a stringent vetting process to avoid such scams and fraud